Nuveen New York Municipal Value Fund (NYSE:NNY) Plans $0.03 Monthly Dividend

Nuveen New York Municipal Value Fund (NYSE:NNY) declared a monthly dividend on Friday, November 1st,NASDAQ Dividends reports. Investors of record on Friday, November 15th will be paid a dividend of 0.0295 per share by the investment management company on Monday, December 2nd. This represents a $0.35 annualized dividend and a yield of 4.24%. The ex-dividend date of this dividend is Friday, November 15th.

Nuveen New York Municipal Value Fund has raised its dividend by an average of 7.9% per year over the last three years.

Nuveen New York Municipal Value Fund Trading Down 0.5 %

Shares of NYSE NNY traded down $0.04 during trading on Wednesday, reaching $8.34. The company had a trading volume of 46,604 shares, compared to its average volume of 42,195. Nuveen New York Municipal Value Fund has a 52 week low of $7.85 and a 52 week high of $8.70. The business’s 50 day moving average price is $8.50 and its 200-day moving average price is $8.39.

Nuveen New York Municipal Value Fund Company Profile

Nuveen New York Municipal Value Fund, Inc is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of New York. The fund invests in tax exempt municipal bonds, with a rating of Baa/BBB or higher.